Natural Gas News – April 18, 2025
Natural Gas News – April 18, 2025
Warm US Spring Temps Weigh on Nat-Gas Prices
May Nymex natural gas (NGK25) on Thursday closed down by -0.002 (-0.06%). May nat-gas prices on Thursday fell to a 2-1/2 month low and settled slightly lower. On Thursday, nat-gas prices were under pressure on forecasts for warm spring US temperatures that will curb heating demand and allow nat-gas inventories to rebuild. Forecaster Atmospheric G2 said Thursday that forecasts shifted warmer for the eastern two-thirds of the US for April 22-26. However, short covering emerged in nat-gas futures Thursday, and prices recovered almost all of their losses after weekly EIA nat-gas inventories rose +16 bcf, below expectations of+24 bcf.… https://tinyurl.com/y3csyfsn
China Halts U.S. LNG Imports Amid Tariff War
China hasn’t imported liquefied natural gas from the United States since early February, as the tariff war hit energy trade and could have long-term consequences for U.S. LNG export contracts. The last LNG cargo to arrive in China from America was a tanker from Corpus Christi, which docked in the southern Chinese province of Fujian on February 6, according to shipping data cited by the Financial Times. The Chinese tariffs on U.S. goods, including energy products, and the broader trade war between the world’s two biggest economies could have long-term consequences on the ability of new U.S. LNG export projects to attract anchor offtake commitments, analysts warn.… For more info go to https://tinyurl.com/ddsandtw
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